China's Economic Rise Has Ended US Dominance with Warwick Powell
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Interview recorded - 3rd of October, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming on Warwick Powell. Warwick as an Adjunct Professor at the Queensland University of Technology working at the intersection of China, digital technologies, supply chains, financial flows and global political economy & governance.During our conversation we discussed China's rise, the current US-China relationship and how this has evolved, why China hasn't become more democratic, recent economic challenges, end of US Hegemony, recent fiscal stimulus and more. I hope you enjoy!0:00 - Introduction1:44 - Current US-China relationship and how has it got to this stage?6:40 - When did trade tensions begin?12:16 - Why has China not changed?14:58 - What is China after?19:52 - Impact of Real Estate markets?32:31 - Can manufacturing capacity continue to grow?39:40 - What influences West’s tariffs?46:23 - Move to multipolar influence54:58 - Picking geopolitical sides?57:38 - Chinese fiscal support?1:06:33 - Future support to be iterative1:09:37 - One message to takeaway from conversation?​​Warwick began his career in academia, teaching Chinese history and European cultural history at Griffith University. He graduated with First Class Honours and is the recipient of the prestigious University Medal for Academic Excellence. Warwick was also awarded a Department of Foreign Affairs and Trade scholarship to undertake postgraduate studies at People’s University, Beijing. He deferred his studies to begin work for Kevin Rudd in the Queensland Government.He is the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank focusing on developing links between regional Australia and the markets of Asia. Through this work, Warwick has experience in diverse industries including cattle and sheep production and processing, information and communication technology, infrastructure, energy, natural resources, travel and tourism and property development.He is a director of a number of funds management companies responsible for funds established under an ASIC-approved Australian Financial Services License. He is a member of the Central Highlands Accelerate Agribusiness Advisory Board and was the founding Treasurer of Innovation NQ Inc., a not-for-profit innovation incubator in North Queensland.He continues to teach professional courses in areas such as innovation, creativity, regional economic development and blockchain technology with James Cook University, QUT and Edith Cowan University.Warwick Powell: LinkedIn - https://au.linkedin.com/in/warwickpowellSubstack - https://substack.com/@warwickpowell Twitter - https://x.com/baoshaoshanWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas